PerfumersWorld: Isopropyl myristate (IPM) is a virtually odourless solvent. used as a cosmetic emollient and solvent to replace ethanol in non-alcoholic skin-perfumes. poor solubility with terpenes, crystals and resinoids but ok if they are first blended with other materials. used as a solvent in perfumes for oil or wax products like candles, wax melts, massage oils, hair oil etc.